Gladstone Investment Q1 net investment income $15.9 million; net decrease $11.9 million
Gladstone Investment Corporation reported net investment income of $15.9 million, or $0.40 per weighted-average share, for the quarter ended June 30, 2026, compared with a net investment loss of $10.6 million in the prior quarter. However, the net decrease in net assets resulting from operations was $11.9 million, and net asset value per share fell to $16.24 from $16.78 on March 31, 2026, driven mainly by $18.8 million of net unrealized depreciation and a $9.0 million net realized loss. For shareholders, higher operating income was offset by a lower net asset value and a net loss from operations.
Key points
- Total investment income rose 12.6% to $28.4 million from $25.2 million in the prior quarter.
- Net decrease in net assets from operations was $11.9 million, or $(0.30) per share, versus an increase of $82.4 million in the prior quarter.
- Adjusted net investment income was $0.26 per share, up from $0.20; the company declared $0.08 per share monthly distributions for July, August and September 2026 payments.
- Net asset value per share was $16.24 as of June 30, 2026, down from $16.78 as of March 31, 2026.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.